Market Intervention Scheme Benefits | Market Intervention Scheme Eligibility | Market Intervention Scheme Documents Required | How To Apply For Market Intervention Scheme Online | Market Intervention Scheme Online Registration: The Market Intervention Scheme (MIS) is a scheme implemented by the Government of India to regulate the prices of agricultural commodities in the country. The scheme is aimed at protecting farmers from price fluctuations and ensuring a fair price for their produce.
The main features of the Market Intervention Scheme include. The scheme aims to stabilize prices of agricultural commodities by intervening in the market and purchasing the produce directly from farmers at a pre-determined minimum support price (MSP). The scheme covers a wide range of agricultural commodities including cereals, pulses, oilseeds, and horticultural crops. The scheme establishes procurement centers in different regions to purchase the produce directly from farmers. The government provides storage facilities for the procured produce to prevent wastage and ensure its availability in the market. The procured produce is distributed through the Public Distribution System (PDS) to provide food security to the vulnerable sections of society. The scheme provides price support to farmers by setting a minimum support price (MSP) for different agricultural commodities. The scheme is open to all farmers who are registered with the procurement center, regardless of their land holding size. The scheme is implemented by the Ministry of Agriculture and Farmers Welfare in collaboration with the state governments. The scheme gives priority to small and marginal farmers, who are the most vulnerable to price fluctuations.
The Market Intervention Scheme is a price stabilization measure implemented by the Government of India to protect farmers from price fluctuations and ensure a fair price for their produce. The scheme procures the produce directly from farmers at a pre-determined Minimum Support Price and stores it to ensure its availability in the market and
Market Intervention Scheme Objective:
The main objective of the Market Intervention Scheme (MIS) is to regulate the prices of agricultural commodities and provide price support to farmers. The main objectives of the scheme are to:
- Stabilize prices of agricultural commodities: The scheme aims to stabilize prices of agricultural commodities by intervening in the market and purchasing the produce directly from farmers at a pre-determined minimum support price (MSP).
- Provide price support to farmers: The scheme provides price support to farmers by setting a minimum support price (MSP) for different agricultural commodities.
- Prevent wastage: The scheme provides storage facilities for the procured produce to prevent wastage and ensure its availability in the market.
- Provide food security: The procured produce is distributed through the Public Distribution System (PDS) to provide food security to the vulnerable sections of society.
- Support small and marginal farmers: The scheme gives priority to small and marginal farmers, who are the most vulnerable to price fluctuations.
- Encourage farmers to increase their production: The scheme can encourage farmers to increase their production as they are assured of a fair price for their produce.
- Regulate the market: The scheme regulates the market by controlling the supply and demand of agricultural produce, which can prevent the exploitation of farmers by middlemen.
- Implementation: The scheme is implemented by the Ministry of Agriculture and Farmers Welfare in collaboration with the state governments.
Overall, the Market Intervention Scheme is a government initiative to stabilize prices of agricultural commodities and provide price support to farmers. It aims to provide food security to the vulnerable sections of society and support small and marginal farmers who are the most vulnerable to price fluctuations. This scheme can encourage farmers to increase their production, and regulate the market.
Market Intervention Scheme Main Key Features:
The main key features of the Market Intervention Scheme (MIS) include:
- Price stabilization: The scheme aims to stabilize prices of agricultural commodities by intervening in the market and purchasing the produce directly from farmers at a pre-determined minimum support price (MSP).
- Coverage of commodities: The scheme covers a wide range of agricultural commodities including cereals, pulses, oilseeds, and horticultural crops.
- Procurement centers: The scheme establishes procurement centers in different regions to purchase the produce directly from farmers.
- Government storage: The government provides storage facilities for the procured produce to prevent wastage and ensure its availability in the market.
- Distribution of produce: The procured produce is distributed through the Public Distribution System (PDS) to provide food security to the vulnerable sections of society.
- Price support to farmers: The scheme provides price support to farmers by setting a minimum support price (MSP) for different agricultural commodities.
- Eligibility: The scheme is open to all farmers who are registered with the procurement center, regardless of their land holding size.
- Implementation: The scheme is implemented by the Ministry of Agriculture and Farmers Welfare in collaboration with the state governments.
- Priority for small and marginal farmers: The scheme gives priority to small and marginal farmers, who are the most vulnerable to price fluctuations.
- Purchase at MSP: The scheme provides the purchase of the produce at the Minimum Support Price (MSP) which is announced by the government for different commodities.
- Cash payment to farmers: The scheme ensures cash payments to farmers for their produce procured through the MIS.
- Quality control
Benefits of Market Intervention Scheme:
The Market Intervention Scheme (MIS) offers several benefits to farmers, consumers, and the government, including:
- Price stabilization: The scheme helps to stabilize prices of agricultural commodities, which can protect farmers from price fluctuations and ensure a fair price for their produce.
- Price support to farmers: The scheme provides price support to farmers by setting a minimum support price (MSP) for different agricultural commodities, which can increase their income.
- Food security: The scheme provides food security to the vulnerable sections of society by distributing the procured produce through the Public Distribution System (PDS).
- Encourage farmers to increase their production: The scheme can encourage farmers to increase their production as they are assured of a fair price for their produce.
- Regulate the market: The scheme regulates the market by controlling the supply and demand of agricultural produce, which can prevent the exploitation of farmers by middlemen.
- Support small and marginal farmers: The scheme gives priority to small and marginal farmers, who are the most vulnerable to price fluctuations.
- Government storage: The government provides storage facilities for the procured produce to prevent wastage and ensure its availability in the market.
- Cash payment to farmers: The scheme ensures cash payments to farmers for their produce procured through the MIS.
- Quality control: The scheme maintains quality control and grading system to ensure the quality of the produce.
- Implementation through the Public-Private Partnership (PPP) mode: The scheme is implemented through the Public-Private Partnership (PPP) mode, with the private partners responsible for providing the required technology and infrastructure.
Overall, the Market Intervention Scheme is a government initiative to stabilize prices of agricultural commodities, provide price support to farmers and improve food security to the vulnerable sections of society. It also gives support to small and marginal farmers, prevents wastage, and regulates the market. By implementing the scheme through PPP mode,
Market Intervention Scheme Criteria and Eligibility:
The Market Intervention Scheme (MIS) has certain criteria and eligibility requirements for farmers, buyers, and traders to participate in the scheme. Some of these include:
- Commodity Eligibility: The scheme covers a wide range of agricultural commodities including cereals, pulses, oilseeds, and horticultural crops. The commodities are selected based on their market price fluctuations.
- Farmer Eligibility: All farmers, including sharecroppers, tenant farmers, and oral lessees, are eligible to participate in the scheme for the land under their operational holding.
- Registration: Farmers need to register with the procurement center to participate in the scheme.
- Quality Control: The scheme has a system of quality control and grading to ensure the quality of the produce.
- Minimum Support Price (MSP): The scheme provides the purchase of the produce at the Minimum Support Price (MSP) which is announced by the government for different commodities.
- Cash Payment: The scheme ensures cash payments to farmers for their produce procured through the MIS.
- Priority for Small and Marginal farmers: The scheme gives priority to small and marginal farmers, who are the most vulnerable to price fluctuations.
- Implementation: The scheme is implemented by the Ministry of Agriculture and Farmers Welfare in collaboration with the state governments.
- Procurement centers: The scheme establishes procurement centers in different regions to purchase the produce directly from farmers.
- Government storage: The government provides storage facilities for the procured produce to prevent wastage and ensure its availability in the market.
The Market Intervention Scheme is open to all farmers who are registered with the procurement center, regardless of their land holding size. The scheme prioritizes small and marginal farmers, who are the most vulnerable to price fluctuations. The scheme ensures cash payments to farmers for
How to Apply for Market Intervention Scheme Online Registration:
The process for online registration for the Market Intervention Scheme (MIS) may vary depending on the state. However, generally, the process typically involves the following steps:
- Visit the official website: Go to the official website of the state’s Department of Agriculture or the Ministry of Agriculture and Farmers Welfare and click on the “Apply Online” link to start the registration process.
- Fill in the registration form: Fill in the registration form with personal details such as name, address, and contact information, as well as details about the farming operation, such as the type of farming and the commodities grown.
- Upload required documents: Upload the required documents such as PAN card, Aadhaar card, and land ownership documents as per the state’s requirement.
- Provide details of the commodities to be traded: Provide details of the commodities that will be traded on the platform, including the type of commodity, the quantity to be traded, and the location of the commodity.
- Submit the form: After filling in the form, submit the form online.
- Wait for confirmation: Wait for confirmation from the state’s Department of Agriculture or the Ministry of Agriculture and Farmers Welfare regarding the status of the application.
- Keep your registration number safely, it will be required for future references.
It’s important to note that the online registration process may vary depending on the state, so it is advisable to check with the state department of agriculture or the Ministry of Agriculture and Farmers Welfare for the specific registration process in your state.